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Added to YB: 2024-03-01

Pitch date: 2024-02-28

SNN [bullish]

Smith & Nephew plc

+22%

current return

Author Info

No bio for this author

Company Info

Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Market Cap

GBP 13.8B

Pitch Price

GBP 9.96

Price Target

38.00 (+213%)

Dividend

2.34%

EV/EBITDA

11.20

P/E

29.17

EV/Sales

2.79

Sector

Health Care Equipment and Supplies

Category

value

Show full summary:
Smith & Nephew Racks Up Consistent Operational Gains

$SNN: Solid Q4 '23, 6% underlying rev growth; narrow moat in ortho/sports med/wound care via innovation; midsize status hinders share gains vs larger rivals; sound capital allocation but C-suite turnover raises uncertainty; expects low-mid single digit rev growth & better margins through '28.

Read full article (9 min)